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Global Daily Fantasy Sports Q1 loss widens 41.0% YOY

Global Daily Fantasy Sports Inc. said its normalized net income for the first quarter was a loss of C$36,890, compared with a loss of C$26,160 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Reported net income came to a loss of C$59,020, or a loss of 0 cents per share, compared to a loss of C$41,860, or a loss of 0 cents per share, in the prior-year period.